ICS: Accounting Manager

Job Title: Accounting Manager

Job Summary:

Accounting manager is responsible for statutory financial compliance, managing external audits, and ensuring tax compliance with regulatory authorities. This role requires a strong understanding of accounting principles, tax laws, and financial controls to maintain accuracy in financial records and ensure compliance with all statutory requirements

Key Responsibilities:

Accounting & Financial Compliance Management

• Manage the accounting team, ensuring timely and accurate statutory financial reporting.
• Preparation and submission of statutory financial statements in compliance with TFRS for NPAEs
• Monitor and review accounting data, ensuring accurate general ledger entries, reconciliations, and financial records.
• Ensure proper classification and recording of financial transactions in accordance with legal and regulatory requirements.
• Supervise the closing of accounts for multiple entities and ensure consolidation accuracy in compliance with statutory requirements.

Statutory & External Audit Management

• Serve as the primary point of contact for external auditors, coordinating annual audits and ensuring timely resolution of audit findings.
• Prepare audit schedules and necessary documentation for external audits, ensuring compliance with accounting standards and regulations.
• Address and implement audit recommendations to improve financial accuracy and control mechanisms.
• Ensure adherence to statutory audit requirements and support regulatory filings.

Tax Compliance & Revenue Department Liaison

• Ensure compliance with local tax regulations, including Corporate Income Tax (CIT), VAT, Withholding Tax (WHT), and other applicable taxes.
• Act as the key liaison with the Revenue Department for tax matters, including tax refunds, CIT audits, and tax dispute resolutions.
• Prepare and review tax filings such as PND.3, PND.53, PND.54, PP.30, PP.36, and other required submissions.
• Monitor tax regulatory changes and assess their impact on company operations, ensuring timely compliance with new tax laws.
• Coordinate with tax consultants and external advisors for complex tax matters and compliance strategies.

Internal Controls & Risk Management

• Develop and implement internal controls to safeguard company assets and ensure financial integrity.
• Ensure financial operations comply with all relevant laws, regulations, and corporate policies.
• Establish and enforce accounting policies and procedures to strengthen financial governance.
• Oversee reconciliations of all key balance sheet accounts to maintain financial accuracy and accountability.

Fixed Assets & Financial Reconciliation

• Oversee the recording, classification, and reconciliation of fixed and intangible assets in the asset register.
• Conduct scheduled physical counts of fixed assets in compliance with company policies.
• Ensure proper reconciliation between the fixed asset register and general ledger.

Qualifications & Requirements:

• Bachelor's degree or higher in Accounting.
• Must have CPD. Other professional certification e.g. CPA, CFA is a plus.
• Minimum 10 years of experience in accounting, financial reporting, and tax compliance. At least 5 years in a managerial role.
• Strong knowledge of TFRS for NPAEs, IFRS, and local tax regulations.
• Experience in managing external audits, completing statutory report, contacting Revenue Department.
• Experience with SAP is a plus and advanced Excel skills.
• Excellent problem-solving, leadership, and communication skills in both Thai and English.
• Demonstrated ability to leverage technology to enhance operational efficiency.
• A sense of urgency and willingness to work overtime is required, when needed.